onsemi (NASDAQ:ON) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of onsemi (NASDAQ:ON) passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $76.19 and traded as low as $75.94. onsemi shares last traded at $76.00, with a volume of 7,546,398 shares trading hands.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi announced that Sungrow is integrating its EliteSiC silicon-carbide hybrid power modules into the PowerTitan 3.0 utility-scale battery-storage platform. The technology raises inverter-level efficiency by 0.4%, supports peak efficiency above 99.3% and could save more than 475 megawatt-hours annually in a 100-megawatt installation. Sungrow expects to deliver 10 gigawatt-hours of the platform in Europe during 2026, providing onsemi with exposure to growing electricity-storage demand linked to AI infrastructure and renewable energy. onsemi and Sungrow Advance Utility-Scale Energy Storage Performance with SiC Hybrid Technology
• Positive Sentiment: Recent commentary remains favorable on the company’s recovery prospects. Analysts and market observers point to onsemi’s improving quarterly results, strong cash-flow potential and possible growth from AI-related power-management applications as reasons the stock could be a semiconductor-sector comeback candidate. ON Could Be One of the Semiconductor Sector’s Biggest Comeback Stories
• Neutral Sentiment: The Sungrow announcement is strategically important but may have limited immediate earnings impact because it primarily highlights a product adoption and efficiency improvement rather than near-term revenue or profit guidance. Investors may therefore be looking for evidence of broader design wins and meaningful volume ramp-up.
• Negative Sentiment: Market commentary describes onsemi’s decline as part of a broader pullback in technology stocks and notes that the shares were approaching a fifth consecutive daily loss, increasing pressure from momentum-oriented investors. Don’t Sweat ON Semiconductor Stock’s Recent Pullback
• Negative Sentiment: Recent insider-trading data shows onsemi executives reported sales and no open-market purchases during the past six months, including substantial selling by CFO Trent Thad. While such transactions may be scheduled, the lack of insider buying can reinforce investor caution during a weak trading period.

Wall Street Analyst Weigh In

Several research firms have issued reports on ON. Sanford C. Bernstein reiterated an “outperform” rating and set a $62.00 price objective on shares of onsemi in a research note on Wednesday, August 12th. Truist Financial reduced their target price on shares of onsemi from $91.00 to $75.00 and set a “hold” rating on the stock in a research note on Friday, September 18th. Susquehanna upped their target price on shares of onsemi from $140.00 to $150.00 and gave the stock a “positive” rating in a report on Thursday, July 9th. Robert W. Baird upped their target price on shares of onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Fifteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $95.56.

onsemi Trading Down 4.3%

The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. The company has a market cap of $28.56 billion, a price-to-earnings ratio of 47.03, a price-to-earnings-growth ratio of 0.63 and a beta of 2.05. The business has a 50 day simple moving average of $76.11 and a 200 day simple moving average of $89.59.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, equities analysts forecast that onsemi will post 3.20 EPS for the current year.

Insider Activity

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the transaction, the insider owned 158,177 shares of the company’s stock, valued at $12,654,160. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On onsemi

Several institutional investors have recently modified their holdings of ON. Janus Henderson Group PLC grew its holdings in onsemi by 10.9% during the 1st quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock worth $848,392,000 after acquiring an additional 1,345,894 shares during the period. Assenagon Asset Management S.A. raised its position in shares of onsemi by 74.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,807,808 shares of the semiconductor company’s stock valued at $265,450,000 after acquiring an additional 1,201,534 shares during the last quarter. Boston Trust Walden Corp lifted its stake in shares of onsemi by 524.0% in the 1st quarter. Boston Trust Walden Corp now owns 1,038,146 shares of the semiconductor company’s stock valued at $64,282,000 after purchasing an additional 871,786 shares during the period. Van ECK Associates Corp lifted its stake in shares of onsemi by 16.6% in the 2nd quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock valued at $486,252,000 after purchasing an additional 731,540 shares during the period. Finally, Pictet Asset Management Holding SA lifted its stake in shares of onsemi by 15.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,597,886 shares of the semiconductor company’s stock valued at $284,495,000 after purchasing an additional 615,905 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

About onsemi

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.